InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Closes on Acquisition of Portfolio of Canadian Uranium Exploration Projects
Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, has closed on its a purchase agreement with Rio Tinto Exploration Canada Inc., a subsidiary of Rio Tinto Inc. The agreement outlines the C$1.5 million acquisition of a portfolio of exploration-stage projects in the Athabasca Basin in Saskatchewan. According to the announcement, UEC has acquired a 60% equity stake in the Henday Lake joint venture,…